Latest in Financial
American Eagle Outfitters Marks 30 Years on Wall Street
Jay Schottenstein celebrated the milestone by ringing in the trading day on the trading floor.
Promotional Climate Impacts Oxford Industries’ Business in Q2
The owner of Tommy Bahama, Lilly Pulitzer and Johnny Was lowered its guidance for fiscal 2024.
With Fewer Stores but More Volume, Zara Parent Company Inditex H1 Sales Gain 10.2 Percent
The company just opened the second-largest Zara store in the world in Lisbon as it upscales and readjusts its…
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The North Face Plays Differently for New Campaign
The outdoor brand is challenging its customers to "defy norms and explore new paths."
After a ‘Cruel Summer,’ Luxury to Continue Languishing
HSBC now expects organic growth of only 2.8 percent this year, and no return to double-digit growth for the…
Under Armour Cuts Outlook on Higher Restructuring Charges
The sportswear brand is closing a distribution center in Rialto, Calif., a move that has caused the company…
DTC Channel Drives Golden Goose H1 Growth
No update was provided about the delayed IPO, but the company reported gains in profitability and said…
Asos Offloads Topshop to Bestseller, Partners With H&M Group for Cheap Monday’s Comeback
Asos will sell 75 percent of its stake in Topshop to the Danish fashion group Bestseller to help repay debts…
Fredrik Olsson Named CEO of PVH EMEA
The H&M and Max Fashion veteran will help Tommy Hilfiger and Calvin Klein build in Europe, the Middle East…
G-III’s CEO Morris Goldfarb Embraces Change and Sees Better Profits
The CEO, who has navigated a tricky wholesale climate, weighs in on Nordstrom, Neiman's and more.
Burberry Falls Out of Prestigious FTSE 100 Index on London Stock Exchange
Burberry has been knocked out of London's blue chip index due to declining sales, and a shrinking share…
Dick’s Sporting Goods Raises Outlook Following Strong Q2
Chief executive officer Lauren Hobart said the retailer's strong results were driven by growth in average…
Harrods’ Owner Take 180 Million Pound Dividend, Turnover Grows by 8 Percent
Operating profit totaled 167.7 million pounds, plunging 17.2 percent from last year's 202.7 million pounds.
Victoria’s Secret Losses Soften in Q2
The company reported net sales of $1.4 billion, a 1 percent dip from the year prior.
Brunello Cucinelli on Pricing, Rebalancing, Fresh Product
Cucinelli's outlook for the rest of the year is "very, very positive," and he told analysts on Wednesday that…